NEWS EXTRA

This segment provides the viewer / reader with news they might have missed and focuses on key issues related to current and past events. These articles are provided courtesy of our many contributing sources. We ask that you enjoy these stories and continue your support of beenetworknews.com, our contributing sources and publishers.

ANNOUNCEMENT

SOURCE: Volkswagen Group of America, Inc.

Volkswagen Passenger Cars brand delivers 3.56 million vehicles in period to July

3.8 percent growth in January-July deliveries

491,600 vehicles handed over in July / +4,0 percent

Wolfsburg, August 12, 2014 – The Volkswagen Passenger Cars brand delivered 3.56 (January-July 2013: 3.43; +3.8 percent) million vehicles in the first seven months of the year. Deliveries grew by 4.0 percent in July, with the brand handing over 491,600 (July 2013: 472,800) vehicles to customers in that month. “We are pleased with the way the Volkswagen Passenger Cars brand has started the second half of the year. The Asia-Pacific region tops the delivery table, followed by Western Europe. But we are still facing challenging market developments in some sales regions”, Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand, said in Wolfsburg on Tuesday.

Volkswagen Passenger Cars delivered 1.00 (0.98; +2.9 percent) million vehicles on the overall European market from January to July, of which 517,200 (492,400; +5.0 percent) were handed over in Western Europe (excluding Germany). The home market of Germany also saw deliveries rise, with 340,700 (328,400; +3.7 percent) customers taking possession of a new Volkswagen in the period to July. In contrast, the Volkswagen Passenger Cars brand recorded a slight decrease in deliveries in Central and Eastern Europe, where 146,300 (154,900; -5.6 percent) vehicles were handed over to customers. The company delivered 76,400 (90,600;-15.7 percent) units in Russia.

Volkswagen Passenger Cars delivered 333,400 (362,300; -8.0 percent) vehicles in the North America region, of which 209,700 (242,600;-13.6 percent) new models were handed over to their owners in the United States. In the South America region, deliveries for the period to July fell by 20.1 percent to 372,300 (465,700) units, of which 301,800 (355,200;
-15.0 percent) were handed over in Brazil.

The brand reported a substantial 16.2 percent increase in deliveries in the Asia-Pacific region from January to July, handing over 1.72 (1.48) million vehicles to customers there, of which 1.60 (1.36; +17.9 percent) million units were delivered in China (incl. Hong Kong), the largest single market.